Professional Documents
Culture Documents
Strategic Level-1
• Definitions;
• Charge to tax;
• Tax on taxable income (computation of income from salary, property, business, capital gains, other sources, exemptions, losses, deductible
allowances, tax credits);
• Special industries (insurance, oil & gas and other mineral deposits);
• International (geographical source of income, taxation of foreign source of income of residents, taxation of non-residents, double taxation);
• Anti-avoidance;
• Minimum tax;
• Procedures (returns, assessments, appeals, collection and recovery of tax, payments and deductions, refunds, records and audit, penalty, offence
and prosecutions, additional tax);
• Schedules (first schedule, second schedule, third schedule, sixth schedule, seventh schedule).
• Initial allowance,
• Profit on debt,
• Bad debts,
• Exemptions
• Heads of income;
• Income of residents;
• Tax of non-residents;
• Transfer pricing;
• Certificates;
• Payment,
PART - B
Sales Tax
• Chapter No. I, II, III, IV, V, VII, VIII and IX of the Act, as amended up-to-date covering;
• Definitions;
• Registration;
• Returns;
• Destruction of goods,
• Refund,
• Diplomatic missions,
• Special procedure for issuance of electronic sales tax invoices between buyers and sellers
• Refund Claim by the Persons Engaged in Making Zero Rates, payment of sales Tax by Importers,
PART - C
Indirect Tax
• Notifications, rules general orders and circulars, issued under the Federal Excise Act, 2005 relevant of Chapter I & II only.